Major Rating Factors:
A current level of 14.0 percent of nonperforming loans to core capital combined with 17.3 percent from a year earlier contributes to the Fair asset quality (4.8). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.7 has resulted in Fair (3.8) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 12.3. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.6 on a scale of 0 to 10).
Asset Mix:
Home mtgs (39%), securities (16%), comm re (13%), home eq lns (10%), comm loans (3%), consumer loans (3%), cash (2%), other (15%)
States with Branches:
OH
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Sherwood Banc Corporation
Investment Rating
--
Address
105 North Harrison Street
Sherwood, OH 43556
Sherwood, OH 43556
Phone Number
(419) 899-2111
Year Founded
1945
FDIC Number
Website
Largest Affiliates
No affiliate information available.